Mormons and Gambling: The Mitt Romney $10,000 Bet

Submitted by Jagajeet Chiba on

Written by :

Jagajeet Chiba

Published on :

One of the most searched terms coming to the Gambling911.com website during the overnight hours of Saturday and early morning Sunday:  “Mormons and Gambling”.  The flurry occurred following Saturday evening’s GOP debate on ABC where US Presidential candidate and Mormon Mitt Romney challenged fellow candidate Texas Governor Rick Perry to a $10,000 bet over the assertion that Romney had broadly supported requiring individuals to have health insurance.

“I’ll bet you 10,000 bucks,” Romney said, denying Perry’s claims.

Perry replied, “I’m not in the betting business.”

Romney probably shouldn’t be in the betting business either. 

Our own Thomas Somach revealed in a recent article for the Gambling911.com website that Mormons are dead set against gambling.

A check of the official website of the Mormon religion at www.lds.org reveals the answer: Mormons think gambling is bad because it enables one to get something for nothing.

Also, according to the website, gambling is bad because gamblers who lose might steal from others to cover their gambling losses.

Here's what the gambling page--or more accurately, the anti-gambling page--from the Mormon website states: "The Church of Jesus Christ of Latter-Day Saints is opposed to gambling, including lotteries sponsored by governments. Church leaders have encouraged Church members to join with others in opposing the legalization and government sponsorship of any form of gambling.

"Gambling is motivated by a desire to get something for nothing. This desire is spiritually destructive. It leads participants away from the Savior's teachings of love and service and toward the selfishness of the adversary. It undermines the virtues of work and thrift and the desire to give honest effort in all we do.

"Those who participate in gambling soon discover the deception in the idea that they can give little or nothing and receive something of value in return. They find that they give up large amounts of money, their own honor and the respect of family members and friends.

"Deceived and addicted, they often gamble with funds they should use for other purposes, such as meeting the basic needs of their families. Gamblers sometimes become so enslaved and so desperate to pay gambling debts that they turn to stealing, giving up their own good name.

"If you have never been involved in poker games or other forms of gambling, don’t start. If you are involved, then quit now while you can do so. Those who gamble risk more than just money. Their lives and families are at stake too."

- Jagajeet Chiba, Gambling911.com

Related Content

Jeremiah Smith Vaults to Heisman Trophy Favorite

Jeremiah Smith Vaults to Heisman Trophy Favorite

Week 4 of the college football season is in the rearview mirror…we have a new Heisman favorite at BetOnline Sports & Casino.
The Psychology of Risk: Gaming vs. Gambling

The Psychology of Risk: Gaming vs. Gambling

Explore the psychology of risk and reward. Discover why our brains love the thrill of chance in both video games and gambling, and what drives our decisions.
Transformative Trends in Racing Betting for 2026

Transformative Trends in Racing Betting for 2026

The racing betting industry is experiencing significant changes in 2026. Technological advancements, shifts in consumer behavior, and regulatory updates are key factors driving these transformations. Understanding these trends is essential for staying competitive in the evolving market.
Top Gambling News Stories for Tuesday September 29, 2026

Top Gambling News Stories for Tuesday September 29, 2026

Top Trending: Brazil Online Gambling Ban - Tennessee Kalshi Decision - Saracen Casino - Playstudios Class Action Suit